President Joe Biden’s $2.25 trillion infrastructure proposal is likely to reach the U.S. House of Representatives in May, Speaker Nancy Pelosi told reporters April 1.
April 2, 2021Search
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Biden’s Biggest-Ever Investment Plan for US Still Trails China
What President Joe Biden touted as a historic U.S. federal investment program that will position the country to win the global innovation race still leaves it well behind China’s continuing, giant infrastructure upgrading campaign.
April 2, 2021US Employers Add 916,000 Jobs in March as Hiring Accelerates
America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen.
April 2, 2021EV Stocks Climbing Back on Biden’s ‘Green Tidal Wave’
Electric vehicle stocks, which were hit hard this year as investors shifted out of growth industries, are getting a boost as President Joe Biden mounts a major push to accelerate the adoption of battery-powered cars, and Chinese peers report strong March sales.
April 1, 2021Connecticut Plan Outlines Strategies for Connected, Automated Vehicles
Autonomous delivery services — and the challenges they present — are included as a consideration in the Connecticut Department of Transportation’s recently released strategic plan for connected and automated vehicles.
April 1, 2021Granholm, Buttigieg to Help Sell Infrastructure Plan
President Joe Biden said he had directed five of his Cabinet members, including Transportation Secretary Pete Buttigieg and Energy Secretary Jennifer Granholm, to help advance his plan to spend $2.25 trillion on infrastructure and other priorities.
April 1, 2021Oil Rises After OPEC+ Agrees to Boost Output Gradually
Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.
April 1, 2021Maffei Named Maritime Commission Chairman
The Biden administration tapped Daniel Maffei to lead the Federal Maritime Commission, the agency announced recently.
April 1, 2021US Jobless Claims Rise as Labor Market Recovery Remains Choppy
Applications for U.S. state unemployment insurance unexpectedly rose last week but remained near the lowest levels of the pandemic as the labor market meanders toward full recovery.
April 1, 2021‘Chargers Everywhere’: Biden Maps $174 Billion Path for EV Boom
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.
April 1, 2021